Westpac Banking Stock Performance
| WEBNF Stock | USD 21.03 0.74 3.65% |
Westpac Banking has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.0392, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Westpac Banking's returns are expected to increase less than the market. However, during the bear market, the loss of holding Westpac Banking is expected to be smaller as well. Westpac Banking right now maintains a risk of 3.26%. Please check out Westpac Banking skewness, and the relationship between the potential upside and rate of daily change , to decide if Westpac Banking will be following its historical returns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Westpac Banking are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Westpac Banking may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 71.4 B | |
| Total Cashflows From Investing Activities | 2.8 B | |
| Free Cash Flow | 15.7 B |
Westpac |
Westpac Banking Relative Risk vs. Return Landscape
If you would invest 1,955 in Westpac Banking on August 24, 2024 and sell it today you would earn a total of 148.00 from holding Westpac Banking or generate 7.57% return on investment over 90 days. Westpac Banking is currently producing 0.1683% returns and takes up 3.258% volatility of returns over 90 trading days. Put another way, 29% of traded pink sheets are less volatile than Westpac, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Westpac Banking Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westpac Banking's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Westpac Banking, and traders can use it to determine the average amount a Westpac Banking's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0517
| Best Portfolio | Best Equity | |||
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| Small Returns | WEBNF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Westpac Banking is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Westpac Banking by adding it to a well-diversified portfolio.
Westpac Banking Fundamentals Growth
Westpac Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Westpac Banking, and Westpac Banking fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Westpac Pink Sheet performance.
| Return On Equity | 0.0799 | |||
| Return On Asset | 0.0058 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.49 % | |||
| Current Valuation | 165.73 B | |||
| Shares Outstanding | 3.5 B | |||
| Price To Earning | 17.06 X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 2.89 X | |||
| Revenue | 20.34 B | |||
| Cash And Equivalents | 144.42 B | |||
| Cash Per Share | 41.31 X | |||
| Total Debt | 146.87 B | |||
| Book Value Per Share | 20.15 X | |||
| Cash Flow From Operations | (18.1 B) | |||
| Earnings Per Share | 1.06 X | |||
| Total Asset | 1.01 T | |||
| Retained Earnings | 24.38 B | |||
| Current Asset | 79.49 B | |||
| Current Liabilities | 631.78 B | |||
About Westpac Banking Performance
By analyzing Westpac Banking's fundamental ratios, stakeholders can gain valuable insights into Westpac Banking's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Westpac Banking has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Westpac Banking has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. The company was founded in 1817 and is based in Sydney, Australia. Westpac Banking operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 34637 people.Things to note about Westpac Banking performance evaluation
Checking the ongoing alerts about Westpac Banking for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Westpac Banking help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Westpac Banking had very high historical volatility over the last 90 days | |
| Westpac Banking has accumulated about 144.42 B in cash with (18.1 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 41.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Westpac Banking's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Westpac Banking's stock is overvalued or undervalued compared to its peers.
- Examining Westpac Banking's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Westpac Banking's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westpac Banking's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Westpac Banking's pink sheet. These opinions can provide insight into Westpac Banking's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Westpac Pink Sheet analysis
When running Westpac Banking's price analysis, check to measure Westpac Banking's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westpac Banking is operating at the current time. Most of Westpac Banking's value examination focuses on studying past and present price action to predict the probability of Westpac Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westpac Banking's price. Additionally, you may evaluate how the addition of Westpac Banking to your portfolios can decrease your overall portfolio volatility.
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